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Livermore
Livermore
ZHEN

First United Bank Trust

SEC CIK
0001214183
Latest filing
Jul 20, 2026

The latest 13F from First United Bank Trust covers Q2 2026 (filed Jul 20, 2026): 420 long positions worth $347.6M. The top 10 holdings make up 37.0% of the portfolio, and the largest is Invesco QQQ Trust Series I at 7.0%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
31
Est. +$4.87M
Added
93
Est. +$8.96M
Reduced
108
Est. −$6.34M
Sold out
6
Est. −$2.74M

Top 5 holdings

Share of this quarter's portfolio value

  1. Invesco QQQ Trust Series I46090E103
    7.0%$24.3M
  2. Vanguard Morningstar Value ETF922908744
    5.5%$19.1M
  3. Vanguard S&P 500 ETF922908363
    3.6%$12.6M
  4. iShares Select Dividend ETF464287168
    3.4%$11.7M
  5. Vanguard Morningstar Mid-Cap ETF922908629
    3.2%$11.3M

Share of portfolio

Top 5 holdings and the other 415 positions, by share of portfolio value

  1. Invesco QQQ Trust Series I7.0%
  2. Vanguard Morningstar Value ETF5.5%
  3. Vanguard S&P 500 ETF3.6%
  4. iShares Select Dividend ETF3.4%
  5. Vanguard Morningstar Mid-Cap ETF3.2%
  6. Other 415 positions77.3%

Biggest buys

New and added positions, by estimated amount bought

  1. Dimensional ETF Trust25434V773
    +$1.93MNew
  2. Putnam ETF Trust746729300
    +$1.22MAdded
  3. HONHoneywell International Inc
    +$1.18MNewHistory
  4. HONAHoneywell Aerospace Inc.
    +$1.16MNewHistory
  5. iShares Tr46429B747
    +$905.5KAdded

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Dimensional ETF Trust25434V773
    +0.56 pp0.0% → 0.6%
  2. AMDAdvanced Micro Devices Inc
    +0.37 pp0.2% → 0.6%History
  3. Putnam ETF Trust746729300
    +0.34 pp0.4% → 0.7%
  4. HONHoneywell International Inc
    +0.34 pp0.0% → 0.3%History
  5. HONAHoneywell Aerospace Inc.
    +0.34 pp0.0% → 0.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. HONHoneywell International Inc
    −$2.42MSold outHistory
  2. iShares Core MSCI Emerging Markets ETF46434G103
    −$682.1KReduced
  3. GLDSPDR Gold Trust
    −$460.5KReducedHistory
  4. ABTAbbott Laboratories
    −$338.0KReducedHistory
  5. Vanguard Morningstar Growth ETF922908736
    −$297.2KReducedConverted for a 6-for-1 split

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. HONHoneywell International Inc
    −0.79 pp0.8% → 0.0%History
  2. iShares Select Dividend ETF464287168
    −0.33 pp3.7% → 3.4%
  3. GLDSPDR Gold Trust
    −0.31 pp0.7% → 0.4%History
  4. CVXChevron Corp
    −0.27 pp0.8% → 0.6%History
  5. MCDMcDonalds Corp
    −0.24 pp1.0% → 0.7%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$347.6M
+$39.7M (+12.9%) vs. prior quarter
Positions
420
+25 vs. prior quarter
Top 10 concentration
37.0%
Top 10 as share of value
Turnover
2.8%
Q2 2026, one quarter
Average holding period
18.6 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $347.6M (Q2 2026)

Q1 2021: $234.1MQ2 2021: $239.1MQ3 2021: $245.4MQ4 2021: $270.8MQ1 2022: $254.4MQ2 2022: $217.6MQ3 2022: $198.8MQ4 2022: $204.9MQ1 2023: $213.2MQ2 2023: $225.1MQ3 2023: $215.0MQ4 2023: $250.3MQ1 2024: $270.1MQ2 2024: $268.7MQ3 2024: $278.3MQ4 2024: $275.3MQ1 2025: $267.7MQ2 2025: $286.9MQ3 2025: $308.1MQ4 2025: $313.3MQ1 2026: $307.9MQ2 2026: $347.6M
Q1 2021Q2 2026
13F filings of First United Bank Trust by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 20, 2026420$347.6MInvesco QQQ Trust Series IVanguard Morningstar Value ETFVanguard S&P 500 ETFvs. Q1 2026SEC
Q1 2026Apr 21, 2026395$307.9MInvesco QQQ Trust Series IVanguard Morningstar Value ETFiShares Select Dividend ETFvs. Q4 2025SEC
Q4 2025Jan 21, 2026394$313.3MInvesco QQQ Trust Series IVanguard Morningstar Value ETFVanguard S&P 500 ETFvs. Q3 2025SEC
Q3 2025Oct 27, 2025419$308.1MInvesco QQQ Trust Series IVanguard Morningstar Value ETFVanguard S&P 500 ETFvs. Q2 2025SEC
Q2 2025Jul 18, 2025388$286.9MInvesco QQQ Trust Series IVanguard Morningstar Value ETFVanguard S&P 500 ETFvs. Q1 2025SEC
Q1 2025Apr 15, 2025402$267.7MInvesco QQQ Trust Series IVanguard Morningstar Value ETFVanguard S&P 500 ETFvs. Q4 2024SEC
Q4 2024Jan 16, 2025377$275.3MInvesco QQQ Trust Series IVanguard Morningstar Value ETFAAPLvs. Q3 2024SEC
Q3 2024Oct 15, 2024380$278.3MInvesco QQQ Trust Series IVanguard Morningstar Value ETFVanguard S&P 500 ETFvs. Q2 2024SEC
Q2 2024Aug 12, 2024402$268.7MInvesco QQQ Trust Series IVanguard Morningstar Value ETFAAPLvs. Q1 2024SEC
Q1 2024Apr 29, 2024415$270.1MInvesco QQQ Trust Series IVanguard Morningstar Value ETFAAPLvs. Q4 2023SEC
Q4 2023Feb 8, 2024438$250.3MInvesco QQQ TrVanguard Morningstar Value ETFAAPLvs. Q3 2023SEC
Q3 2023Oct 24, 2023140$215.0MInvesco QQQ Trust Series IVanguard Morningstar Value ETFAAPLvs. Q2 2023SEC
Q2 2023Jul 13, 2023145$225.1MInvesco QQQ Trust Series IAAPLVanguard Morningstar Value ETFvs. Q1 2023SEC
Q1 2023Apr 18, 2023144$213.2MInvesco QQQ Trust Series IVanguard Morningstar Value ETFAAPLvs. Q4 2022SEC
Q4 2022Jan 19, 2023143$204.9MVanguard Morningstar Value ETFInvesco QQQ Trust Series IAAPLvs. Q3 2022SEC
Q3 2022Oct 25, 2022142$198.8MVanguard Morningstar Value ETFInvesco QQQ Trust Series IAAPLvs. Q2 2022SEC
Q2 2022Jul 18, 2022147$217.6MVanguard Morningstar Value ETFInvesco QQQ Trust Series IiShares Select Dividend ETFvs. Q1 2022SEC
Q1 2022Apr 20, 2022161$254.4MInvesco QQQ Trust Series IVanguard Morningstar Value ETFAAPLvs. Q4 2021SEC
Q4 2021Jan 20, 2022165$270.8MInvesco QQQ Trust Series IVanguard Morningstar Value ETFAAPLvs. Q3 2021SEC
Q3 2021Oct 14, 2021163$245.4MInvesco QQQ Trust Series IVanguard Morningstar Value ETFAAPLvs. Q2 2021SEC
Q2 2021Jul 19, 2021162$239.1MInvesco QQQ Trust Series IVanguard Morningstar Value ETFAAPLvs. Q1 2021SEC
Q1 2021Apr 20, 2021158$234.1MInvesco QQQ Trust Series IVanguard Morningstar Value ETFAAPL–SEC

13D and 13G filings

Companies where First United Bank Trust reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

First United Bank Trust does not currently report owning 5% or more of any company.

Latest filings

2 filings on file made by First United Bank Trust or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by First United Bank Trust
CompanyFiled (ET)FormStakeChangeEvent dateFiling
FUNCFirst United CorpJan 25, 202113G/AOld format–––SEC
FUNCFirst United CorpJan 20, 202113G/AOld format–––SEC